And if you want to look up an EU scandal, check out the Servier and Mediator. Hundreds of deaths reports and it took France almost 20 years to pull it off the market.[2]
[1]https://news.yale.edu/2017/04/05/fda-approves-drugs-more-qui...
[2]https://www.fiercepharma.com/pharma/servier-faces-courtroom-....
And yes you do have failures like Mediator or Thalidomide but on net I'd rather have their system.
The beta-blockers is also valid, but back then (mid-20th century) the EMA (or constituent countries) were consistently approving faster than the FDA. It wasn’t until the 80’a when the FDA was revamped to be more like the EMA.
Regardless, even though some may prefer failures like Mediator or Thalidomide, I just don’t think there is the political appetite to tell folks “yeah, the drug turned out to hurt people, but that’s the price we pay for having faster approvals”.
Logically it makes sense, but when it’s your child who is hurt by a drug, people get very risk adverse very quickly.
1. Approve something too soon. This kills/hurts patients using it.
2. Wait too long approving something. This kills/hurts sick people who are deprived of good treatment.
The classic big FDA flaw is to heavily lean towards type 2 errors, because type 1 deaths lead to bad PR, while no one notices type 2 errors.
So that EMA apparently made a type 1 error here is possibly a good sign!